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Securities (Tables)
12 Months Ended
Dec. 31, 2014
Securities [Abstract]  
Amortized cost and fair value of available-for-sale securities portfolio

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

Gross

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

 

Cost

 

Gains

 

Losses

 

Value

December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt

 

$

2,932 

 

$

 

$

 

$

2,936 

State and municipal

 

 

897 

 

 

-  

 

 

11 

 

 

886 

Issued by U.S. government-sponsored entities and agencies:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury

 

 

5,018 

 

 

-  

 

 

 

 

5,011 

Mortgage-backed securities - residential

 

 

687 

 

 

40 

 

 

-  

 

 

727 

Collateralized mortgage obligations

 

 

860 

 

 

25 

 

 

-  

 

 

885 

Total

 

$

10,394 

 

$

70 

 

$

19 

 

$

10,445 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

Gross

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

 

Cost

 

Gains

 

Losses

 

Value

December 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt

 

$

4,360 

 

$

11 

 

$

 

$

4,363 

State and municipal

 

 

1,926 

 

 

-  

 

 

 

 

1,919 

Issued by U.S. government-sponsored entities and agencies:

 

 

 

 

 

 

 

 

 

 

 

-  

Mortgage-backed securities - residential

 

 

934 

 

 

49 

 

 

-  

 

 

983 

Collateralized mortgage obligations

 

 

2,354 

 

 

53 

 

 

-  

 

 

2,407 

Total

 

$

9,574 

 

$

113 

 

$

15 

 

$

9,672 

 

Proceeds From The Sales Of Securities

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2012

Proceeds

$

 -

 

$

 -

 

$

2,144 

Gross gains

 

 -

 

 

 -

 

 

143 

Gross losses

 

 -

 

 

 -

 

 

 -

 

 

 

 

 

 

 

 

 

Tax effect-expense

$

 -

 

$

 -

 

$

 -

 

Securities classified by maturity date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

December 31, 2013

 

 

Amortized

 

Fair

 

Amortized

 

Fair

 

 

Cost

 

Value

 

Cost

 

Value

Due in one year or less

 

$

4,829 

 

$

4,821 

 

$

2,386 

 

$

2,379 

Due from one to five years

 

 

4,018 

 

 

4,012 

 

 

3,900 

 

 

3,903 

Mortgage-backed securities

 

 

687 

 

 

727 

 

 

934 

 

 

983 

Collateralized mortgage obligations

 

 

860 

 

 

885 

 

 

2,354 

 

 

2,407 

 Total

 

$

10,394 

 

$

10,445 

 

$

9,574 

 

$

9,672 

 

Fair value of securities pledged

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

 

2012

Pledged as collateral for:

 

 

 

 

 

 

 

 

 

FHLB advances

 

$

4,208 

 

$

2,024 

 

$

4,707 

Public deposits

 

 

2,476 

 

 

905 

 

 

2,199 

Interest-rate swaps

 

 

353 

 

 

443 

 

 

1,511 

Total

 

$

7,037 

 

$

3,372 

 

$

8,417 

 

Securities with unrealized losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

Less than 12 Months

 

12 Months or More

 

Total

Description of Securities

 

Fair Value

 

Unrealized Loss

 

Fair Value

 

Unrealized Loss

 

Fair Value

 

Unrealized Loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt

 

$

1,259 

 

$

 

$

-  

 

$

-  

 

$

1,259 

 

$

State and municipal

 

 

-  

 

 

-  

 

 

886 

 

 

11 

 

 

886 

 

 

11 

Issued by U.S. government-sponsored entities and agencies:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury

 

 

5,011 

 

 

 

 

-  

 

 

-  

 

 

5,011 

 

 

Collateralized mortgage obligations

 

 

-  

 

 

-  

 

 

-  

 

 

-  

 

 

-  

 

 

-  

Total temporarily impaired

 

$

6,270 

 

$

 

$

886 

 

$

11 

 

$

7,156 

 

$

19 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2013

 

Less than 12 Months

 

12 Months or More

 

Total

Description of Securities

 

Fair Value

 

Unrealized Loss

 

Fair Value

 

Unrealized Loss

 

Fair Value

 

Unrealized Loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt

 

$

239 

 

$

 

$

1,002 

 

$

 

$

1,241 

 

$

State and municipal

 

 

1,015 

 

 

 

 

904 

 

 

 

 

1,919 

 

 

Total temporarily impaired

 

$

1,254 

 

$

 

$

1,906 

 

$

13 

 

$

3,160 

 

$

15